Auto sales grew 4.84% on year in June; PV sales up 2.45%: FADA

June recorded a remarkable growth of 4.84 percent on an annual basis across the auto sector, as all sectors showed positive performance. It is worth noting that two wheels (2W) saw an increase of 4.73 percent, while passenger compounds (PV) and commercial vehicles (CV) were distinguished by a growth of 2.45 percent and 6.6 percent, respectively.

However, the monthly month numbers showed a different story, and the data of the Federation of Automobile Dealers (FADA) showed. The two -wheeled sales decreased by 12.48 percent, due significantly due to the variable financing and deficiency restrictions, which reduced the benefits of sales demand for the festival and sales of the marriage season. Early seasonal winds and the adoption of increased electric vehicles affected the purchase behavior.

“Many customers and forced stock elevators were martyred-through a sentence with automatic tendons-which led to high days of stocks that are compatible with the goals of the festivals season. In general, June showed a flexible bipolar performance amid mixed market signals,” said Fada CS Vigneshwar.

Retail sales in passenger vehicles witnessed a decrease of 1.49 percent a month, however they managed to increase by 2.45 percent year on year. Heavy rains and liquidity restrictions affected the transfer rates and conversion rates. However, some support came from increased incentives and new reservation offers. FA said that the stock was standing in 55 days.

Commercial vehicle sales decreased by 2.97 percent a month, but they recorded a strong year on an annual basis by 6.6 percent. Early delivery operations have strengthened folders before the monsoon winds and liquidity issues have reduced sales inquiries. New taxes and mandatory air -conditioned ambushes have increased the property costs.

In general, June highlights a flexible car market, moves in economic pressures and changing market signals, while facing growth opportunities and challenges.

Look close to the range

Monsilitation winds of more than 106 % of the long average (LPA) in July are expected to enhance the demand for the countryside, which will benefit from the two -wheeled agricultural and sales sector in rural areas. However, these conditions may also lead to logistical complications.

Vada said that the increase in early fall and government infrastructure is expected to enhance wheel sales and CVs, but geopolitical tensions and potential repercussions from American tariff measures can negatively affect supply chains and consumer address.

The feelings of agents tend to slow down, as 42.8 % expected fixed growth and 26.1 % expect a decrease. Only 31.1 % expected growth, drawing midfield reservation is still uneven.

Passenger vehicles face high -base effects and new model launch, but planning schemes and incentives provide some support. Commercial vehicles compete with the high costs of ownership, despite the extended relief pipelines that provide relief.

She said that Vada is still optimistic with caution, as he takes advantage of the rural demands and government capital expenditures while moving in seasonal disturbances and liquidity pressures.